Takaful Operator definition

Takaful Operator. , “Our”, “Us” or “We” means Great Eastern Takaful Berhad.

Takaful Operator means any takaful operator registered under the Takaful Order, 2008; and

Takaful Operator means a person who carries on takaful business;

Examples of Takaful Operator in a sentence

• As a responsible Takaful Operator, We wish to bring to Your attention that You could also address Your dissatisfaction to the Ombudsman For Financial Services (OFS) or to Bank Negara Malaysia’s Customer Service Bureau (CSB) as listed below.

• If at the end of the period of Xxxxxxx stated in the schedule attached to the certificate and have expired by end of the declared financial year, there is a net surplus in the GRIA, then the net surplus will be shared at the ratio of 50:50 between the participants and the Takaful Operator under the contract of Hibah.

• No alterations in the terms of the Master Certificate, nor any endorsement thereon, will be held valid unless the same is signed or initiated by an authorised representative of the Takaful Operator.

• If at end of the Period of Xxxxxxx stated in the Certificate Schedule attached to the Certificate, there is a net surplus in the GRIA, the net surplus shall be shared proportionately at 50:50 ratio among Us/the Takaful Operator and the Participants that have not incurred any claim and/or not received any benefits under the same class of risk as stated in the aforesaid Certificate Schedule whilst the Certificate is in force.

• If at end of the Period of Xxxxxxx stated in the Certificate Schedule attached to the Certificate, there is a net surplus in the GRIA, the net surplus shall be shared proportionately at 50:50 ratio among Us/the Takaful Operator and the Certificate Holders that have not incurred any claim and/or not received any benefits under the same class of risk as stated in the aforesaid Certificate Schedule whilst the Certificate is in force.

More Definitions of Takaful Operator

Takaful Operator means AmMetLife Takaful Berhad.

Takaful Operator means any takaful company or takaful provider duly approved by the Chargee.

Takaful Operator means any takaful company or takaful provider duly approved by the Bank.

Takaful Operator means a takaful operator licensed to carry on takaful business under the Islamic Financial Services Act 2013, other than a takaful operator licensed to carry on solely retakaful business and an international takaful operator.’;

Takaful Operator means a takaful operator which has been registered by the Authority under this Order;

Takaful Operator means Hong Leong MSIG Takaful Berhad;

Takaful Operator means a person who is permitted by the Securities and Exchange Commission to carry on Takaful business as Takaful operator ;